Monday, November 9, 2026 · Customer reviews of US businesses
The Fair Hearing score
Excellent
412 reviews
Canvas AnnuitySelect a line to read only those reviews.
Honesty, pricing, process and quality scores appear once 5 customers have rated them.
Simple, people-first process and great rates.Apply NowCanvas offers modern annuities that provide guaranteed rates, flexible terms, and commission-free returns.Find Out MoreMeet our Licensed Reps
Canvas Annuity (canvasannuity.com) has 412 customer reviews on The Fair Hearing, with an average rating of 4.5 out of 5.
Showing 309 reviews with 5 stars · Clear filters
Great rates and ease of application. No salesperson
By PETER H.
Response from Canvas Annuity· Apr 11, 2023
Canvas is here to help you if needed, no pushy sales here. Just great rates and an online application. Thanks for the five-star review!
This company has the best SPDA rates that can be found. The application is easy to follow and they are always available on the phone for questions. Highly recommend.
By WILLIAM P.
Response from Canvas Annuity· Apr 11, 2023
William, we love hearing from our Canvas customers and we do have great rates! Thanks for the 5 stars!
Trustworthy company with excellent interest rates!
By Steve
Response from Canvas Annuity· Jan 9, 2023
No commissions and no fees mean we can continue to offer great interest rates! Thank you for being a Canvas customer, Steve!
My experience in filling out the application, transferring the funds didn't happen overnight...but it happened nicely and smoothly. Devon answered a few questions ...so the customer service seems to be on point! Consider me a satisfied client! My state's Guaranty Association guarantees up to $300K...in case of insolvency. Thanks to their rates and ease of the process....I'd love to invest more with Canvas in another annuity. But I hesitate because anything else I invest isn't guaranteed. Just trying to make a responsible decision... Has anyone else invested above their state's guarantee limits? If Canvas reads this....thank you for your product and wonderful customer service!
By Kevin K.
Response from Canvas Annuity· Dec 13, 2022
Kevin, thank you for taking the time to leave us a review! Canvas Annuities are issued by Puritan Life Insurance Company of America which has been around since 1958. With the backing of Puritan Life’s AM Best rating of B++, Canvas customers can feel confident in a winning partnership where old-fashioned values and reliability meet simple products and modern technology.
Higher rate and ease of application.
By BOB M.
Response from Canvas Annuity· Dec 9, 2022
Thank you for leaving us a 5-Star review, Bob! We appreciate you. Welcome to Canvas.
Devon and Lida's personal service plus the highest 3 year annuity rates are the reason for my rating. HOWEVER, getting to this point was NOT easy. Here is what I learned during the process: 1. Website glitch prevented my initial forms submission. 2. Devon helped (talked by phone) me through some of their website forms AND he corrected several of my mistakes. 3. If you don't see solid green checkmarks for each and every step, the process is not complete. 4. Canvas has a $1,000,000 cap on each annuity. If you have more to invest you must complete ALL the same forms again for the additional annuity(s). 5. Unlike EVERY other annuity I investigated, if interest rate increases within 30 days of your policy/annuity issue date, Canvas WILL back date and pay you the higher interest rate on your entire annuity(s). 6. You deliver annuity funds to their Puritan Life affiliate in Lincoln, Nebraska. If you need help or have any problems with payment(s), Sandy and her staff are amazingly helpful and cordial at Puritan. P.S. My prior annuity was with Gainbridge, which turned into a complete NIGHTMARE. They even bounced (NSF) a $1Million check when I was doing a rollover to Canvas. Would not surprise me if Gainbridge/Group1001 turns out to be the next Madoff/Bankman-Fried house of cards.
By Glenn W.
Response from Canvas Annuity· Dec 7, 2022
Thank you for providing us with great feedback, Glenn. We always look for ways to improve. At Canvas you will always get great, personal service from our agents who are happy to assist you with any questions you may have. Thank you again for being our customer and for choosing Canvas!
Very Easy and Fast online Application Process ! No need for an agent attempting to sell you a deficient product so they can pad their comissions. No need to wait for an agent to get back to you with incorrect/flawed paperwork and have to redo it. Best fixed rate for a compounding 7 Yr MYGA / SPDA I have been able to find.I
By AT I.
Response from Canvas Annuity· Dec 7, 2022
Thank you for taking the time to leave us this great review! We are excited to have you as a customer. Welcome to Canvas.
Opened three policies for my three children. Fast and easy application process.
By Chris
Response from Canvas Annuity· Dec 7, 2022
We LOVE returning customers! Chris, thank you for entrusting us once again.
